Press Corporation Plc (PCL) has issued an update regarding ivts ongoing negotiations for the potential sale of its entire shareholding in Malawi Telecommunications Limited (MTL).
In a cautionary statement released today, PCL confirmed that exclusive negotiations are still in progress, and no final decision has been made. The company reiterated that the outcome of these discussions could impact its share price, urging shareholders to exercise caution and consult professional advisors before trading PCL shares.
PCL also reassured investors that it remains committed to transparent communication and will provide further updates as required by the Malawi Stock Exchange Listings Requirements.
For now, stakeholders will be closely monitoring developments as PCL navigates the potential divestment of MTL
